Footwear brand Birkenstock has announced that Alexandre Arnault has stepped down from his position on its board of directors with immediate effect, owing to professional commitments.

Mr Arnault, a member of the family that controls luxury group LVMH, is the executive director of Tiffany, in which LVMH acquired a majority stake in 2021. He had been a member of the Birkenstock board for five years.

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